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New Adentan Branch Opened
   News: Prudential News

Prudential Bank Limited, an indigenous bank which aims at promoting Small and Medium Scale Enterprises (SMEs) throughout the country, has opened a new branch in the Adentan community to improve on the economic activities of the community. This brings to 24 the number of branches the bank has opened throughout Ghana. The bank also has three agencies operating as subsidiaries.

At the opening ceremony, the Deputy Managing Director of the bank, Mrs Mary Brown, announced that the bank would expand its branch network in order to cover every district and region in the country. According to her, Prudential Bank was the first local bank to introduce micro financing to assist SMEs in the country. She said the bank, since its establishment in 1996, had given financial assistance to individuals, SMEs and other businesses. Mrs Brown said, although the bank operated locally, it provided international banking services and covered the operations of both local and foreign currencies. She mentioned the handling of import and export bills, sales and purchase of foreign exchange and the handling of foreign transfers as some of the international services offered by the bank. The Head of Corporate Marketing Department of the bank, Ms Grace Osei-Bonsu, explained that the bank offered all types of banking services within the area it operated but focused mainly on SMEs such as trading and agriculture production. She outlined savings account, current accounts, students accounts, fixed deposit, transfer of funds, project financing, export financing, consumer credit facility, home base account, trust account, executive banking, export advisory services, and short, medium and large term loans as some of the services offered by the bank. “PBL provides one-stop-shop banking services to our customers and all sectors of the economy at all our branches but with special focus on SMEs,” she emphasised.

 

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